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Supply Chain Management Strategies for the Future

Supply Chain Management Strategies for the Future
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Author(s): Jesse Singleton Sr. (Capitol Technology University, USA)
Copyright: 2024
Pages: 16
Source title: Pioneering Paradigms in Organizational Research and Consulting Interventions: A Multidisciplinary Approach
Source Author(s)/Editor(s): Darrell Norman Burrell (Marymount University, USA)
DOI: 10.4018/979-8-3693-7327-9.ch004

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Abstract

This journal article explores the upcoming strategies, in supply chain management (SCM) during the century encountering challenges and opportunities like globalization, digitalization, sustainability, risk, resilience, agility, innovation, and collaboration. It delves into aspects of SCM strategies including definition, categorization, development, execution, assessment, and enhancement. The study investigates how elements and stakeholders influence and mold SCM strategies. Utilizing a comprehensive approach to analyze existing literature on SCM strategies through a framework centered on four dimensions; strategic alignment, integration of strategies, adaptive strategy implementation, and innovative strategic approaches. The study reveals insights from the literature review along with suggestions for research directions and practical applications in the realm of SCM strategies. This review aims to advance SCM strategies by enhancing value creation and competitive advantage for all stakeholders involved in the supply chain.

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